Monday, February 26, 2024
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Up by 22.5% last month

(+16%) Retail Prices • RUS • Jan-Mar 2022/21

In March 2022, the retail prices for furniture in Russia increased by 22.47% compared to the same month of the previous year (considering specialized furniture retail only).

Since the beginning of 2022, prices increased by 15.67% year-over-year. Retail prices for furniture are growing less than prices of manufacturers, which indicates a more serious shortage in margin on the side of retailers.

For this reporting period, several furniture categories have risen in price more than average:

  • kitchen furniture (+17.74%),
  • kitchen worktops (+17.95%),
  • wardrobes (+15.78%),
  • hinged kitchen cabinets (+18.17%).

We are tracking this indicator more closely, particularly the performance of various Russian regions, for various furniture categories, within our extended Market Reports.


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Macroregional Context